- Netherlands Antilles
The efforts to increase once again the turnover and profit of Antilliaanse Brouwerij N.V., of Wil
lemstad, have had the desired results.
Owing to the decline in value of the Antillean guilder, higher prices must be expected for imported
raw materials and packaging materials.
- Martinique
The new construction project of Brasserie Lorraine S.A. is at present in full swing and is proceeding
according to our expectations. Efforts are being made to achieve a further improvement in the rate
of return by widening the product range.
- Guadeloupe
The contract with S.A. des Grandes Brasseries Antillaises (SAGBA) for technical assistance has been
renewed.
It has also been agreed that SAGBA will brew one or more of our brands under licence.
- Puerto Rico
The contract with Cervecerfa Corona Inc., of San Juan, for the production of Amstel Malta under
licence was terminated, since neither we nor our contractual partners were satisfied with the results
achieved.
It is noteworthy that the sales of Heineken beer imported from the Netherlands show a strongly
upward trend, despite the intense protection of locally brewed beer.
Surinam
The economic problems facing Surinam during the period under review have unfortunately not
been without their effect on the course of affairs in Surinaamse Brouwerij N.V., of Paramaribo.
Although no further increase in turnover took place, the level of profit was maintained.
AFRICA
In our African enterprises the sales of beer have once again increased substantially - in a number of
breweries the capacity limit is being approached - but the relative fall in production costs resulting
therefrom does not always offset the rise in costs. Moreover, in several countries we are confronted
with prices fixed by the government authorities, in which frequently no cost increases may be
passed on.
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